Citigroup C has launched a platform — CitiDirect Commercial Banking — which offers a single-entry point digital platform to cater to the needs of Citi Commercial Bank (“CCB”) clients. The initiative ...

The People's Bank of China will implement a new digital yuan framework on Jan. 1, allowing commercial banks to pay interest ...

Citi (NYSE: C) has announced the launch of a new platform, CitiDirect Commercial Banking, specifically to address the needs of Citi Commercial Bank (CCB) clients. This is part of Citi’s significant ...

The 75-year-old lender will work with the newly listed digital asset exchange to issue a co-branded Visa card for HashKey ...

The debate surrounding central bank digital currencies (CBDCs) has reached a new but unexpected stage. The Bank of England (BoE) is reportedly reevaluating its digital pound plan, with internal ...

This paper offers a comprehensive analysis of the implications for financial stability of a central bank issuing a digital currency to the public at large. We start with a systematic analysis of ...

In this paper, we develop a model incorporating the impact of financial inclusion to study the implications of introducing a retail central bank digital currency (CBDC). CBDCs in developing countries ...

Citi and Navan, a modern travel and expense management solution, announced the launch of a new, jointly branded travel and expense system designed for Citi Commercial Bank (CCB) cardholders. The ...

In July, the Federal Reserve Bank of New York’s New York Innovation Centre (NYIC) announced the successful conclusion of an experiment for many banks to make wholesale dollar payments in both central ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. By Elise Gordon, Contributor Central bank digital ...